Piece at Techcentralstation. Banging on on the usual themes, development in Africa. Supply side reforms are needed.
Timmy Elsewhere.
4 responses
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Tim, the only problem here is that developing these non-fiscal forms of capital takes quite a long time…and the human part of that capital tends to leave Africa as soon as it becomes possible.
Tim adds: Those points are well covered in Mistry’s longer article. It’s going to create quite a storm when the whole thing is published. I was under an agreement with him that I could quote lightly but not reveal his full argument or quote too extensively. After all, African Affairs haven’t published yet, so I can only do a teaser pointing to them, not replicate the whole thing. -
Ceci n’est pas un PSD Blog
Tim Worstall writes at TechCentralStation (also see a counterargument from Owen Barder):[African capital] isn’t being invested to create further wealth at home because, well, because of a lack of human, social and institutional capital. Those things we…
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Ceci n’est pas un PSD Blog
Tim Worstall writes at TechCentralStation (also see a counterargument from Owen Barder): [African capital] isn’t being invested to create further wealth at home because, well, because of a lack of human, social and institutional capital. Those things w…
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Following my response to Tim’s article and the ensuing discussion, I am still looking forward with eager anticipation to the publication of Tim’s correction on TCS. I have even provided him with a draft.
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